USD 23.03 Bn Growth Opportunity in Indoor Positioning and Indoor Navigation (IPIN) Market| 17000 + Technavio Reports

NEW YORK, Oct. 11, 2021 /PRNewswire/ — The indoor positioning and indoor navigation (IPIN) market is estimated to grow by USD…

NEW YORK, Oct. 11, 2021 /PRNewswire/ — The indoor positioning and indoor navigation (IPIN) market is estimated to grow by USD 23.03 billion from 2021 to 2025, growing at a CAGR of  33.21% as per the latest market report by Technavio.

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Market Dynamics

Factors such as rapid adoption of beacon technology, growth of the geo-marketing business, and the low-cost BLE beacon technology will drive the growth of the Indoor Positioning And Indoor Navigation (IPIN) Market during 2021-2025. However, inaccuracy in search and advertising results might hamper the market growth.

Company Profiles

Some of the companies covered in this report are bluepath AG, GiPStech Srl, IndoorAtlas Ltd., MazeMap AS, Navigine Corp., Nextome Srl, Pinmicro K K, Pointr Ltd., Sensewhere Ltd., and Spreo, etc.

Competitive Analysis

The competitive scenario provided in the indoor positioning and indoor navigation (IPIN) market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By Application, the market is classified into segments – Retail, Aviation, Healthcare, Manufacturing and Logistics, and government  & public sector. The indoor positioning and indoor navigation market share growth by the retail segment will be significant during the forecast period.
  • By Geography, the market is classified as North America, Europe, APAC, South America, and MEA. North America will have the largest share of the market.

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Indoor Positioning And Indoor Navigation (IPIN) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 33.21%

Market growth 2021-2025

USD 23.03 billion

Market structure

Fragmented

YoY growth (%)

32.90

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 40%

Key consumer countries

US, UK, Germany, Canada, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

bluepath AG, GiPStech Srl, IndoorAtlas Ltd., MazeMap AS, Navigine Corp., Nextome Srl, Pinmicro K K, Pointr Ltd., Sensewhere Ltd., and Spreo

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

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SOURCE Technavio